When buying a home in Bellingham WA, there are several expenses to be considered. The cost of the home and mortgage payments are just two of them. It’s important to understand the lending process but make sure you don’t overlook the other fees that you’ll have to pay while buying a home.
Why Buy Retirement Land in Bellingham?
Buying land for retirement in Bellingham is convenient
There are many options for investing money wisely. For investors looking to buy retirement land in Bellingham, you’re surely ahead of the pack when it comes to healthy financial returns. One of the benefits of such an investment is that vacant land requires no upkeep. You don’t need to deal with renovations or construction because it’s undeveloped. Before buying, it’s important to ask whether the land is suitable for development. You may not want to buy a vacant piece of Bellingham real estate if you or a future buyer will be unable to build on it.
Bellingham Residential Real Estate vs The Dow Jones
Stocks or Real Estate
The last article featured annuities versus residential homes for sale in Bellingham WA. Today we are going to focus on Bellingham residential real estate versus the Down Jones Industrial Average over a 5 year period. The point of the article is to determine the better investment.
Investment Real Estate vs Annuities
My investors in Bellingham, Washington, always want to know the real scoop behind renting investment real estate. They hear a lot of non-sense and come to me asking the low down. I have so many requests on this topic that I have decided to lay it all out layman style to you. While this is not exhaustive, it will serve as a basis from which your knowledge can flourish. We will cover annuities versus rentals in this section, with more to follow in this series in additional postings.
How to Make Money in Residential Real Estate: Part Two
With a strengthening economy and a long-term plan, it is quite possible to make money in residential real estate and create a solid income. Careful planning and an understanding of some basic financial principles can help you develop a steady cash flow as well as tremendous equity in a property that will provide a significant return on investment at an eventual sale.